Cosmos (ATOM) News, Price Predictions, Opinions and Analyses Created by Users

Cosmos (ATOM)

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The Cosmos (ATOM) project, which conducted its ICO in 2017 and raised $17 million, launched its network in 2019, and is tackling one of the industry’s most pressing problems, which is interoperability. The platform’s token, ATOM, is intended to be used as a means to facilitate communication and interaction between independent chains.

Interoperability is one of the foremost issues in the space, given the rate at which new blockchains ecosystems are being developed. Proponents of interoperability solutions claim that adoption and usability can be enhanced if the artificial barriers imposed by the lack of interoperability can be removed. 

One of the most notable features, and key aspect in getting developers to develop interoperability solutions, is the Cosmos SDK. This lets developers easily build on top of the Cosmos network and leverage the interoperability and scalability benefits. Currently, the team is focused on releasing products for developers.

Another notable feature is its Tendermint protocol, a consensus mechanism that operates on Proof-of-Stake and which the team says features a 1 second block time that can handle up to 10,000 transactions per second.

The Cosmos network can be broken down roughly into two elements: zones and hubs. The former is where independent blockchains hold sovereignty and function as a blockchain normally would, while the latter is a space where these multiple blockchains are linked together. 

The ATOM token is primarily used for governance on the platform, while the photon tokens, recently introduced, are focused on paying for the fees on the network.

In this tag, read Cosmos (ATOM) news, price predictions, opinions and analyses created by users.

OKChain announced the first ecological partner with IRISnet

21 Apr 2020 1 minute read 0 comments Crypto Beeporter!

OKChain recently announced the first list of ecological partners after open source, including a total of 30 leading global well-known projects including COSMOS, IRISnet, Bytom, CERTIK and CONFIUX. Both IRISnet and OKChain are developed based on the C...

What's Cosmos? cosmos price history and where we should store cosmos??

11 Apr 2020 2 minute read 0 comments Shariful islam Rakib002

The goal of the Cosmos project is to create an “Internet blockchain,” a global, scalable ecosystem. The altcoin appeared on the market in 2019, but its development began in 2017. The project’s roots go back to 2014 when Jae Kwon developed the Tenderm...

Binance US is trading Tezos XTZ now and other Binance updates!

17 Mar 2020 1 minute read 0 comments TrocProcLock

Starting on March 16th, 2020 at 9am EST you can trade XTZ on Binance US with the following pairs XTZ/USD XTZ/BUSD. In order to trade and deposit USD for XTZ your account will need to the pass their fiat verification. Binance is also launching a new...

Cosmos $ATOM | 2020 HODL Experiment

11 Mar 2020 3 minute read 0 comments Cryptolohy

Public Service Announcement: I am running a year-long giveaway, check out how you can participate here:   Another day another cryp...

More Uses For ATOM - Introducing STEEM CITY!

25 Feb 2020 1 minute read 0 comments AtomCollector

  In a previous post I talked about the importance of having "use cases" for a token to reduce the sell pressure. I am excited to announce yet another use for ATOM tokens - purchasing NFTs in the brand new STEEM based game "STEEM CITY". I have been...

Cosmos Network: Split of ATOMs?

23 Feb 2020 4 minute read 7 comments M87

Cosmos (ATOM) Network arrived in the crypto scene just last year in 2019 and has seen tremendous traction. Currently the #21 coin by market cap at the time of this writing, Cosmos is a very interesting blockchain project that looks to solve a lot of...

Cosmos (ATOM) at a glance

16 Feb 2020 1 minute read 0 comments Cryptonator`s Airdrop Hunt

Cosmos (ATOM) describes itself as the “World Wide Web for Blockchains” and is supported by the Interchain Foundation. On this platform, there will be different blockchains operating in parallel, whereby you can use the tokens of one blockchain on the...

What is Cosmos (ATOM) - A Beginner's Guide

11 Feb 2020 7 minute read 4 comments TrocProcLock

Cosmos is "The Foundation for a new token economy" or "The Internet of Blockchains". They are an open source community built by the Tendermint Team. Cosmos as we know it was launched on March 13th, 2019. Cosmos (ATOM) is the 1st Hub in the Cosmos Net...

5 Cryptocurrencies closest to their peak after recent ascents.

9 Feb 2020 1 minute read 1 comment kripto sedat

  5 Cryptocurrencies closest to their peak after recent ascents. Bitcoin, which is struggling with the $ 10,000 barrier, is trading about 50 percent below its peak, while several key cryptocurrencies are quite close to their previous record highs. B...

ATOM Coin (Cosmos) News, CEO Exit: Is Now The Best Time to Buy?

31 Jan 2020 5 minute read 7 comments Political Noob

First, some of the pertinent info:ATOM is a coin on the Cosmos blockchain ecosystem that was created to offer the ability for many different and independent chains and Dapps to communicate with each other.  It is modular, scalable, fast, and secure....